Maersk lowers its expectations for 2018

AUGUST 7, 2018 — Based on the outlook for freight rates and facing continued high bunker prices, A.P. Møller – Mærsk A/S said today that it is revising its expectations for its

Sea Machines quadruples its team size in just 18 months

JULY 25, 2018 – In an indication of growing industry interest in the potential of autonomous vessel technology, Boston, MA, based Sea Machines Robotics, a leader in the new technology space, reports

Maersk names Carolina Dybeck Happe CFO

JUNE 20, 2018 — Carolina Dybeck Happe is to assume responsibility as Chief Financial Officer (CFO) of A.P. Møller – Mærsk A/S, effective no later than January 1, 2019. She comes from

Maersk reports red ink despite strong revenue growth

MAY 17, 2018 — Shares in A.P. Moller – Maersk took a hit this morning after the company reported disappointing first quarter results. Despite strong revenue growth, the underlying result after financial

Shorn of digitalization duties, Maersk finance chief moves on

MARCH 20, 2018 — Jakob Stausholm is leaving his job as Chief Finance, Strategy and Transformation Officer and registered director at A.P. Møller – Mærsk A/S. His decision came as the company

Maersk reports cargo fire on U.S.-flag containership

MARCH 16, 2018 — Maersk Line reports that 20:50 EST yesterday, the Maersk Kensington, a vessel owned and operated by its U.S. flag subsidiary Maersk Line, Limited (MLL), reported a container on

USCG: Stray cargo containers present hazard off North Carolina

MARCH 4, 2018 — The Coast Guard is warning mariners of navigation hazards after about 70 cargo containers fell off of a cargo ship Saturday night, about 17 miles off Oregon Inlet,

Maersk reports on a “year of transformation”

FEBRUARY 9, 2017 — A.P. Møller – Mærsk A/S reports that both its revenue and its underlying profit grew in 2017, which it calls “a year of transformation.” Underlying profit for continuing

Maersk and IBM in blockchain JV

JANUARY 16, 2018 — A.P. Moller – Maersk and IBM say they intend to establish a joint venture to provide more efficient and secure methods for conducting global trade by using blockchain

Red ink quarter rattles Maersk shareholders

NOVEMBER 7, 2017 – A.P. Møller – Mærsk A/S reported a third quarter loss of $1.5 billion, including discontinued operations, compared to a profit of $438 million in the same quarter of

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